DORMA, MAIN ROAD, CHATTENDEN, ROCHESTER, ME3 8LN - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

DORMA is a very large extended detached house of 161m², built sometime between 1930 and 1949, which could now be worth an estimated £462,923. It was last sold for £375,000 in June 2020, which was around 14% below the average June 2020 detached price in the Medway local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

DORMA Sold Prices

Land registry data shows two sales for DORMA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the two DORMA sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 19 JUN	£375,000	£436,361	14% below HPI
1998 18 AUG	£124,000	£107,554	15% above HPI

DORMA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two DORMA sales from August 1998 and June 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might DORMA be worth now?

DORMA might now be worth an estimated £462,923.

This is based on house price inflation of 23.4%, between June 2020 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for DORMA of £375,000 on 19th June 2020. For the value to have increased from £375,000 to £462,923 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of DORMA has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of DORMA has not materially changed since June 2020.

How Large is DORMA?

DORMA is 161m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses houses in Chattenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chattenden, and where DORMA lies on this distribution: 89% of detached houses houses are smaller than DORMA, and 10% of houses are larger. Note that EPC data is not available for all properties in Chattenden.

DORMA: Plot and Title Map

DORMA sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of DORMA, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of DORMA). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is DORMA?

DORMA is located on MAIN ROAD in CHATTENDEN, in the ME3 postcode district. The below map shows the position of DORMA on MAIN ROAD.